Two year ago, you purchased a stock at a cost of $100. At the end of the first year, you received a $5 dividend, and you bought an additional share at a cost of $110. At the end of the second year, your two shares paid a dividend of $6 each. You sold your shares for $115 each. The dollar-weighted average return over the 2-year investment period is _____. (2 marks)

1. 0.1178

2. 0.1247

3. 0.1250

4. 0.1216

5. none of the above.